Heather Schlegel: The Future of Money

BitcoinThe
dizzying rise of Bitcoin demonstrates that money can be more than
just pieces of paper issued by central governments. As
decentralized computerized networks proliferate, we have entered an
era where middlemen are getting squeezed and consumer choice is
multiplying. Governments have always wanted to maintain a strong
grip on money-for tax purposes, if nothing else-but the way money
is made, distributed, and valued could soon change drastically.
Here are four (not mutually exclusive) ways money might mutate as
we move into a future where convenience and choice are more
powerful than government command.

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